Ceylon Cold Stores PLC

COSE:CCS.N0000 Stock Report

Market Cap: LK₨58.9b

Ceylon Cold Stores Balance Sheet Health

Financial Health criteria checks 2/6

Ceylon Cold Stores has a total shareholder equity of LKR20.5B and total debt of LKR16.8B, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are LKR73.7B and LKR53.3B respectively. Ceylon Cold Stores's EBIT is LKR8.2B making its interest coverage ratio 2.5. It has cash and short-term investments of LKR2.3B.

Key information

82.3%

Debt to equity ratio

LK₨16.84b

Debt

Interest coverage ratio2.5x
CashLK₨2.27b
EquityLK₨20.45b
Total liabilitiesLK₨53.29b
Total assetsLK₨73.74b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CCS.N0000's short term assets (LKR23.4B) do not cover its short term liabilities (LKR35.4B).

Long Term Liabilities: CCS.N0000's short term assets (LKR23.4B) exceed its long term liabilities (LKR17.9B).


Debt to Equity History and Analysis

Debt Level: CCS.N0000's net debt to equity ratio (71.2%) is considered high.

Reducing Debt: CCS.N0000's debt to equity ratio has increased from 71.6% to 82.3% over the past 5 years.

Debt Coverage: CCS.N0000's debt is well covered by operating cash flow (82.9%).

Interest Coverage: CCS.N0000's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


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